By Andrea Heisinger
Omaha, May 6 - General Electric Capital Corp. reopened its 5.875% 30-year global medium-term notes to add $350 million, according to a 424B3 filing with the Securities and Exchange Commission.
The notes (Aaa/AAA) are priced at 95.019 to yield 6.245%, or Treasuries plus 172 basis points.
Lehman Brothers Inc. was agent.
Total issuance is now $6.35 billion, including $6 billion priced Jan. 8.
The funding branch of General Electric is based in Fairfield, Conn.
| Issuer: | General Electric Capital Corp.
|
| Issue: | Global medium-term notes
|
| Amount: | $350 million reopened
|
| Maturity: | Jan. 14, 2038
|
| Agent: | Lehman Brothers Inc.
|
| Coupon: | 5.875%
|
| Price: | 95.019
|
| Yield: | 6.245%
|
| Spread: | Treasuries plus 172 bps
|
| Trade date: | May 2
|
| Settlement date: | May 7
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Total issuance: | $6.35 billion, including $6 billion priced Jan. 8, 2008
|
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